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29
Feb
2024
South32 exits coal with Australia’s Illawarra saleBy:Creamer Media Senior Deputy Editor Online COAL Diversified mining company South32 on Thursday announced the $1.65-billion sale of its Illawarra assets, in Australia, marking the group’s exit from coal and aligning with a strategy that emphasised ventures in copper and zinc.
The ASX-, LSE- and JSE-listed miner sold Illawarra to Golden Energy and Resources (GEAR) and M Resources for cash.
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